News and articles
The economy grew by four percent last year
Hungary’s gross domestic product (GDP) increased by 4.0 percent in 2017 after the 2.2 percent of the previous year. The calendar-effect adjusted data doubled from 2.1 percent to 4.2 percent....
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The Product of the Year awards were handed over
This year, the Product of the Year awards were handed over for the seventh time on Monday. The Hungarian consumers have evaluated the products in 21 categories – Vágvölgyi Mihály,...
Read moreAnalysts: the rise in retail sales is higher than expected
The pace of retail turnover in January exceeded the expectations. The increase of real wages and the demand for durable consumer goods generate strong growth this year, which could only...
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SPAR’s herbal sandwich cream is the winner
The SPAR Veggie by NENI product line has been awarded with the Product of the Year 2018 title in the herbal sandwich cream category. The rationale for the prize is...
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ALDI was awarded in seven categories within the Product of the Year
Seven own-branded products and product families of the ALDI have won this Year’s Product Award, which was awarded on the basis of GfK Hungária’s public opinion poll inolving 2000 respondents....
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Lidl: more and more people against food waste
Seven buyers out of ten prefer to spend more money in a store that fights against food waste; 77 percent of them buy as much food as they will certainly...
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MNB: a bankrendszer több mint kétszeresen teljesítette kkv-hitelezési vállalását
Az MNB piaci hitelprogramjában részt vevő bankok 2017-re vállalták, hogy közel 230 milliárd forinttal növelik kkv-hitelezésüket, a vállalását minden bank teljesítette, ennek eredményeként szektorszinten az egy évvel korábbit is meghaladó,...
Read moreWomen’s Day wine tasting with female winemakers
The Cherchez la femme walking tasting will be held in the Sofitel Budapest Chain Bridge Hotel on Thursday, Women’s Day with the participation of exclusively women’s winemakers. At the event...
Read moreThe confidence of the American consumers is growing
Compared to January, the consumer confidence in the United States strengthened in February. The University of Michigan announced on Friday that the monthly consumer sentiment index reached 99.7 points, which...
Read moreAll you need to know about BRANDSTORM 2018
Brandstorm is L’Oréal’s very own innovation competition with over 60 countries competing, it’s evolved into a truly global competition over the last 25 years. The competition gives teams of three...
Read moreCarpathian Basin cooperation for the development of wine regions and wine culture
Hungarian and cross-border Hungarian winemakers confirmed their intention to cooperate. They signed the II. Carpathian Basin Wine Agreement for the development of wine regions and wine culture on Saturday in...
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Magazine: Trends that will shape retail in 2018
International research organisation IGD – who focus on the retail sector – identified five important trends that will be influential in the FMCG sector in 2018. 1. Premium category private label...
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Tastes and responsibility for a new, athletic generation!
“Kométa, as the responsible food producer, is a committed supporter of the right lifestyle. Taste is not only a passion for us, but also healthy lifestyle and the promotion of...
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“Oscar-winning” Hungarian popcorn was sent to Scarlett Johansson
The Caramoon butter caramel coated ball shaped popcorn is the unique product of Mogyi, which won its third international prize in Moscow. The new development of one of Europe’s largest...
Read moreZákány Zoltán has become the new Managing Director of the DanubeTruck Magyarország Kft.
In early February, Zákány Zoltán took over the managing director position at the DanubeTruck Magyarország Kft. With nearly two decades of professional experience in the commercial vehicle industry, his task...
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A brand new Vitara from two hundred forints
Reversing camera, built-in navigation, adaptive cruise control, downhill assistance and emergency brake assist make driving easier, seat heating, automatic air conditioning and leather upholstery provide comfort. The main prize of...
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Iran is interested in Hungarian vegetables and fruits
Hungarian companies are mainly supplying pharmaceutical and paper products to Iran, but the Middle East is also very interested in Hungarian vegetables and fruits – Varga Mihály, Minister of National...
Read moreBudafoki Cellar Trip program again this year
A unique cellar system in Europe is waiting for the visitors from March 2018 on the first Saturday of each month with rich cultural program offerings and gastronomic experiences, which...
Read moreFM: agricultural professions will be more appreciated with the strengthening of the agricultural sector
Fazekas Sándor, Minister of Agriculture spoke on Friday at the “The Future Vocational Training – the Future of Vocational Training 2” confence about the restoration of the prestige of professions,...
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FM: research and development co-operations can be established with African countries
Research and development co-operations can be established between Hungary and the states of Africa. The Ministry of Agriculture also plans to establish a Hungarian- African ecological institute for organic agriculture...
Read moreYou can sign up for the first Block Knights Contest until 18 March
The application for the first Hungarian Block Knights Contest was officially launched. The Block Knights Contest, is organized by the Blockchaineum and the Corvinus Fintech Center and realized within the...
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Retail sales declined in the euro area and in the EU in January
The retail sales of the euro area and the EU declined in January, contrary to the market expectations – according to Eurostat. In Hungary, retail sales in January reached the...
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Magazine: Consumer expectations for 2018: it won’t get better, it won’t get worse
In January 2018 Kantar Hoffmann conducted a representative survey in Hungary, with the participation of 1,100 adults, about what consumers expect in 2018. It matters a lot whether a country’s population...
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Hungary exported nearly 6,000 tons of chocolates in 2016-2017
Chocolate production in Hungary has shifted towards quality, more and more high-cocoa content products and handicraft products are being made – Fazekas Sándor Minister of Agriculture said on Friday in...
Read moreFAO: world food prices increased
In February, FAO’s food price index increased by 1.1 percent. The five basic food price indices monitored by the Food and Agriculture Organization of the United Nations (FAO) grew to...
Read moreAgricultural Chamber: the production value of horticulture can be doubled
The production value of the Hungarian horticultural industry is about 400 billion HUF annually, which can be increased by up to 800 billion HUF through modernization, rationalization of regulation and...
Read moreThe European Parliament voted on the report on honey
The most important result of the European Parliament’s resolution adopted taking into account the views of all interested parties is the focus of attention on honey counterfeiting – Erdős Norbert,...
Read moreNGM: Nearly 6,500 billion HUF investments have been implemented in Hungary in 2017
Last year, nearly 6,500 billion HUF worth of development was made in Hungary, which represents an increase of almost 17 percent, compared to the previous year, considering the volume of...
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Nébih: The tested wheat flours met the standards
The 24 wheat flour products met the food safety requirements at the Szupermenta test of the National Food Chain Safety Office (Nébih) in February – the authority told MTI on...
Read moreThe sales of smartphones declined globally last year for the first time
Last year, the sales of smartphones in the world market dropped by 0.5 percent, causing a downturn for the first time. According to the data of the American International Data...
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